Decrypt Media is an independent outlet that provides journalism, education, and analysis of technological developments. It is a media company and creative studio focused on emerging technology, DeFi, and culture. Its operations leverage AI and Web3. Josh Quittner, Ilan Hazan, and Ryan Bubinski are the co-founders of Decrypt. [1]
Decrypt is a media company and creative studio that covers emerging technology, DeFi, and culture. It uses AI and Web3 in its operations. Founded in 2018, it aims to demystify the decentralized web and its growing impact on various aspects of life, focusing on informing and educating through its coverage. [1]
Decrypt simplifies complex technology to make it accessible and easy to understand. It combats unnecessary complexity and ensures that readers can grasp the essentials. This focus on clarity helps demystify the difficulty of decentralized technology. The company is also dedicated to informative storytelling, covering stories that matter to its readers and providing narratives that enhance understanding of complex topics. This approach aims to help readers make better-informed decisions in the rapidly evolving tech landscape. [1]
The company maintains a skeptical and clear-eyed perspective in its coverage of technological advancements, acknowledging that even well-intentioned innovations can be misused. They highlight successful technologies and issues like scams and frauds, maintaining a balanced view. They also integrate Web3 and AI technologies into their daily operations. By using decentralized applications, building decentralized functionalities on its site, and employing AI editorial assistants, Decrypt ensures that the technologies it covers are a fundamental part of its operations. [1]
In December 2023, Decrypt and Rug Radio announced their plan to build the world’s largest decentralized media network. Their mission was to create an ecosystem that equitably benefits content creators and consumers, ensuring every interaction enhances the network's collective value. [2]
Decrypt was incubated within ConsenSys Mesh from 2018 to 2022. In April 2022, it raised $10 million in funding and became an independent entity with 22 investors: [3][4]
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June 17, 2024